Watertown City Council Reviews Preliminary 2024 Financial Statements

May 6, 2025 - 19:51

The Watertown City Council convened on Monday night to review and preliminarily approve the 2024 financial statements. Finance Officer and Interim City Manager Kristen Bobzien presented the details, highlighting the city’s fund balances and overall financial health.

During the meeting, council members discussed the importance of maintaining a strong financial position as they prepare for the upcoming fiscal year. Bobzien emphasized that the fund balances reflect the city's commitment to responsible budgeting and financial management, which will help support various community projects and services.

Council members expressed their satisfaction with the current financial outlook, noting that the city is in a stable position to address future needs and challenges. The preliminary approval marks a significant step in the budget process, allowing for further discussions and adjustments before the final adoption. The council is dedicated to ensuring transparency and accountability as they navigate the city's financial future.